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ESTONIA EUR 10.0YR SSA AA- FIXED RATE SYNDICATED EURO MTN MARKET PLACEMENT (XS2740429076)

Post Date: 12 January 2024
Estonia has priced a syndicated EUR denominated Euro market bond which matures in 2034. 

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Issuer Details
Issuer Estonia (Republic of)
Industry Government - Sovereign
Country Estonia
Issuer Description The development of the capital market and its infrastructure in the years following Estonia’s independence has been affected by factors such as the government’s conservative fiscal policy and borrowing, which has resulted in modest issuance of government bonds, the currency board system, where Eesti Pank does not conduct an active monetary policy and banks’ liquidity management is carried out through international financial structures, and the relatively high cost of local resources compared to foreign funds, all of which have supported the bank-based financing of Estonia’s economy.Debt instruments accounted for less than 5 percent of GDP by the end of March 2009. The secondary market is also shallow, as buy and hold investors snap up the few issues available.
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Trade Details
Security Type MTN
Amount EUR [Login to see full details]
Total Amount including taps EUR [Login to see full details]
Total Amount Outstanding EUR [Login to see full details]
Total Order Book EUR [Login to see full details]
Structure Fixed Rate
Coupon [Login to see full details]
Price [Login to see full details]
Reoffer [Login to see full details]
It came at a spread of [Login to see full details] in the Euro bond market.
Term [Login to see full details]
Yield Notes [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [Login to see full details]

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A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.

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